Massachusetts Data and Stories

State Fact Sheet

Map of Selected Projects in Massachusetts

Community Testimonials

The NMTC program creates an opportunity for nonprofit organizations to leverage capital raising activities to expand their operations and generate job growth. Expanding community resources (charter schools, boys and girls club, YMCAs, health services, etc.) not only benefits the clients and new employees at these organizations but the community at large.

-Christine Vincenti, Harborlight Homes, Beverly, MA

Selected Projects in Massachusetts

Harbor Health Services

Brockton,
MA
(2016)

Community, FQHCs, PACE

CDE(s): Community Health Center Capital Fund, MassDevelopment

Acquisition and renovation of a facility for a PACE (Program of All-Inclusive Care for the Elderly) center with capacity to serve 485 low-income elderly people, enabling these nursing care eligible

The Dimock Center’s Dr. Lucy Sewall Center for Acute Treatment Services

Boston,
MA
(2016)

Addiction Treatment, Behavioral Health, Community, FQHCs, Healthcare, Historic Rehabilitation

CDE(s): Capital One, MassDevelopment

NMTC financing preserves critical source of addiction treatment services in low-income Boston neighborhood.

Alma del Mar Charter School

New Bedford,
MA
(2015)

Community, Schools, Youth and Families

CDE(s): Chase, MassDevelopment

Demolition of 100 year old school building, construction of new school building.

United Teen Equality Center

Lowell,
MA
(2015)

Community, Daycare and Early Childhood, Retail, Youth and Families

CDE(s): Affirmative Investments, MassDevelopment

UTEC creates several new businesses to create new jobs and contribute to community revitalization in Lowell, Massachusetts.

Solar on St. Polycarp

Somerville,
MA
(2015)

Solar

CDE(s): Bluehub

Renewable Energy Provider to LICs: BlueHub Capital, then known as Boston Community capital, stepped in, installing solar panels at both St. Polycarp II and III. BlueHub Capital owns the panels,

Vicente’s Tropical Grocery

Brockton,
MA
(2014)

Affordable Housing, Community, FQHCs, Grocery and Fresh Food, Healthcare, Historic Rehabilitation, Housing, Mixed-use

CDE(s): Chase, MHIC

Due to the lack of further expansion options at the existing store, Vicente's opened a second 33,416 sq. ft. store in downtown Brockton at 160 Pleasant Street in a very

High Point Treatment Center

Middleborough,
MA
(2014)

Addiction Treatment, Behavioral Health, Community, Healthcare

CDE(s): Chase, MassDevelopment

High Point, the largest provider of addiction and mental health treatment in Massachusetts, received NMTC financing to acquire and renovate a 60,000-square-foot facility on a Middleborough site that had been

Greater New Bedford Community Health Center

New Bedford,
MA
(2014)

Community, FQHCs

CDE(s): Rockland Trust

Offices of physicians, dentists, and other health practitioners

Brockton Neighborhood Health Center

Brockton,
MA
(2014)

Affordable Housing, Community, FQHCs, Healthcare, Housing, Mixed-use, Retail, Retail and Commercial, Transit Oriented Development

CDE(s): Bank of America, MassDevelopment, MHIC

The NMTC allocation financed Trinity’s rehabilitation of the historic Brockton Enterprise building, transforming the space into a 51,000-sq. ft. commercial building with retail space on the first floor.

Telegram and Gazette Building

Worcester,
MA
(2014)

Adult Education, College or Vocational Training, Community, Historic Rehabilitation, Mixed-use

CDE(s): MassDevelopment, MHIC, USBCDE

New Garden Park is now home to Quinsigamond Community College.

RTH Community Center

Boston,
MA
(2013)

Affordable Housing, Community, Daycare and Early Childhood, Mixed-use, Nonprofit Hub, Recreation, Youth and Families

CDE(s): MHIC

Construction of a 28,000 sq. ft. community/recreational center in the Mission Park neighborhood of Boston.

YMCA Southcoast, Inc.

Fall River,
MA
(2013)

Community, Daycare and Early Childhood, Mixed-use, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): MassDevelopment, MHIC

With MHIC's New Markets financing, the YMCA Southcoast, Inc. rehabilitated and preserved the historic character of the building it has occupied for 115 years.

Site visits and recent news related to Massachusetts NMTC Projects

Senator Markey (D-MA) Celebrates Pittsfield YMCA’s Completion of $12.4M Renovation

U.S. Sen. Edward Markey speaks at the YMCA celebration on Monday.

Learn more...

May-2023

Congressman McGovern (D-MA) Tours Telegram and Gazette Building Renovation

The Telegram and Gazette building hosted Worcester’s only daily newspaper for more than a century. Financing was needed to make the building usable and complete an ambitious downtown redevelopment plan.

Learn more...

Oct-2015

Educare prepares to open state-of-the-art early childhood center

February 1, 2019

Elms College Dedicates New Center For Natural And Health Sciences

November 1, 2013

Everyone Owns Boston’s New Jazz Cafe

August 2, 2022